Plan Snapshot
- Plan Sponsor: Inovio Pharmaceuticals, INC.
- Sponsor EIN: 330969592
- Sponsor Address: 6769 MESA RIDGE ROAD, SAN DIEGO, CA, 92121
- Plan Type: 401(k)
- Total Participants: 124
- Total Assets: $37.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 124 | $37.6M | $960,838 | $2.2M |
| 2023 | 125 | $37.3M | $1.4M | $2.8M |
| 2022 | 216 | $31.4M | $1.8M | $3.9M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| LPL FINANCIAL CORPORATION | Other Service Provider | $61,231 | — | $61,231 |
| MINNESOTA LIFE INSURANCE COMPANY | Other Service Provider | $39,747 | — | $39,747 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $100,978
- Estimated Expense Ratio: 0.269% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $79,838 | — | $79,838 | — | — |
| 2023 | $76,404 | — | $7,296 | — | — |
| 2022 | $75,881 | — | $75,881 | — | — |